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By 2030 Millennials Will Have $20 Trillion In Wealth. Here’s What They Want In Robo-Advisors

Bank Innovation

Millennials are expected to have $20 trillion in wealth by 2030, according to a July 2018 CB Insights study. Marketing investment options and robo-advisors to this mobile-centric group will require a specific strategy. Factoring in for organic savings growth, market “impact,” and wealth […].

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Kia Rolls Out Connected Car Subscriptions Via Zuora Platform

PYMNTS

The markets for automotive software and electrical/electronic (E/E) components is anticipated to reach $465 billion between 2020 and 2030, up from $238 billion, according to the McKinsey report Mapping the Automotive Software-and-Electronics Landscape Through 2030. Connected services are the future of the automotive industry.

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3 Ways Wealth Tech Companies Are Addressing The Underserved Market

CB Insights

High minimum account balances and fees often prevent many from entering the market. people by 2030, wealth tech companies have a huge incentive to make their services more accessible to other income groups. The post 3 Ways Wealth Tech Companies Are Addressing The Underserved Market appeared first on CB Insights Research.

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The Rise Of eCommerce And Digital Banking Innovations

PYMNTS

3.6T: Projected size of the "embedded finance" market by 2030. Data: $86B: Estimated spend on in-car commerce by 2025. 80%: Portion of global FI execs who believe banks will profit from embracing platform business models. 30%: Salesforce’s estimate of year-over-year growth in global digital commerce during Q4. 25%: Share of U.S.

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Navigating The Overstuffed Weight Loss Market

PYMNTS

According to the World Health Organization (WHO), obesity is on track to affect 50 percent of the global population or more by the year 2030, at an annual projected cost of $2 trillion, or roughly 2.8 The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

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New study by IDC reports on the future of consumer payments

The Paypers

US-based market research company IDC has published a new research , which forecasts that 74% of consumer payments will be handled by non-traditional financial institutions by 2030.

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Finablr’s BayanPay Awarded Payments License From Saudi Authority

PYMNTS

Saudi Arabia is a fast-evolving market in the payments space with the right infrastructure readiness and a conducive regulatory framework,” said Promoth Manghat, group chief executive officer of Finablr.

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